Search

Barnet Council budget gap ‘will rise to £62m by 2024 without tough decisions’

PUBLISHED: 12:32 15 June 2018

Conservative leader Richard Cornelius

Conservative leader Richard Cornelius

Archant

Barnet Council’s budget gap could rise to an estimated £62million by March 2024 if action is not taken, the town hall heard on Monday.

The budget gap for 2018/19 is already £10m and will grow to £42m during the 2021/22 financial year.

The council’s policy and resources committee met to agree how the council should tackle the issue on Monday night.

Council leader Cllr Richard Cornelius (Con) said: “We are absolutely determined to ensure the future prosperity of the borough, and that means taking a rigorous approach to managing council finances.

“We have to ensure everything we spend is an efficient and effective use of resources and delivers value for money to our residents.

“That may mean making some tough decisions in the years ahead.”

But West Finchley councillor Ross Houston (Lab) said: “We went through a local election thinking council finances were under control, and, quite clearly, they were not.”

Latest Hampstead & Highgate News Stories

15:18

Crouch End Police are urging local people to take advantage of its bike registration scheme to help cut crime.

14:12

Muswell Hill’s Simmons House Mental Health Unit for young people celebrated its 50th birthday this week.

13:53

Camden Council is set to name a new block of social flats in Somers Town in tribute to the late former cabinet minister Tessa Jowell.

10:48

The faith leader who successfully overturned senior coroner Mary Hassell’s “cab-rank” system has criticised her new draft policy to consider every death in inner north London for possible fast-tracking.

15:00

Emma Brooks has worked as the centre administrator at Hampstead Community Centre for 14 years, and has been in the area for three decades.

09:21

A Crouch End high street favourite is bidding to do its bit for the environment, by introducing reusable coffee cups.

PROMOTED CONTENT

As part of a major refurb, the London Marriott Hotel Maida Vale has renamed its three new-look function rooms to reflect the geography and rich history of the area. The largest, perfect for weddings and large meetings, is named after a Hampstead subterranean river, The Westbourne.

Londoners seeking high quality houses for sale within easy commuting distance of the capital are being advised to look north to St Albans’ prestigious Gabriel Square development.

Preparing your child in advance for school will go a long way towards ensuring the very best start for your child.

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy

Most read Hampstead & Highgate news

Show Job Lists

Digital Edition

cover

Enjoy the
Hampstead & Highgate Express
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now